In terms of a Shannon channel.
The mutual entropy between the banking channel and the real goods channel drops, the two networks become incoherent. Capitalists aggregate ownership and collapse the banking channel, but maintain the longer supply chains for real goods. Since gains from scale are not passed down, the queue sizes at final demand become unstable. Money loses its utility.
Brad wanted to know.
An example is IBM's attempt to own the bulk of the personal computer industry while maintaining their traditional supply lines. Microsoft ate their lunch by extending the gains to scale up and down the chain. IBM had crisis.
The problem in Marx's time and today is information technology which differentially makes financial manipulation happen faster than real goods can keep up. Likedly cause of the panic of 1907? The telephone switchboard.
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